Home > NEWS > Web3 dreams with digital (and economic) reality

Web3 dreams with digital (and economic) reality

Crouch insists that humans are incredibly adaptable. "We are masters at carving out niches and solving problems." Even if my generation won't enjoy the benefits.

The digital gap can prevent many disadvantaged groups from participating in the metaverse.

The next generation of the Internet has been portrayed in many ways as a struggle for a future of democracy and justice. They are positioned as an opportunity (perhaps our last) to restructure the division of labor into fairer and more just goods. Among those with "techno utopian" ideals, the belief that the metaverse and Web3 can be used to solve the shackles of the bourgeoisie and bring everyone into the fair and equitable development of the social economy basically occupies the proportion of golden countries.

Giles Crouch calls himself a data sociologist. GilesCrouch popped the styrofoam. He emphasized that in a web post about Medium, we still can't find a way to fairly browse big data:

"Only Norway sees access to Internet technology as a people's right. Access to Dictator films is restricted, but strict standards should be adhered to. If the virtual universe does exist, the ideas articulated by its proponents will be better suited to those who can afford to browse it. That is the main reason why it is an ideal and cannot become a reality."

But it is not just fast Internet access that makes the metacosmic enterprise vision of social democracy inherently flawed.

"Today we need to play in a fantasy world," he argued. We need a very powerful computer. Ideally, we need expensive VR goggles, we're very aware of how this all works, and we have horizontal pressure to give online games entertainment." "Low and middle income groups are not fully engaged in these aspects."

Metaverse and Web3's vision currently consists of Metaverse and Web3, Roblox, EpicGames, and other venture capitalists like Andreeson-Horowitz, who - let's face it - may not be altruistic actors.

"These corporations and venture capital firms have no accountability," he said. If he doesn't see a way to make money, they won't participate.

Crouch thinks this is true, but it is not the path to universal suffrage in the metaverse.

The second argument for why the techno-utopian metaverse combination won't actually work is that it has to be the lowest, inescapable centralized system to work.

"It requires people to pay for the energy (and not 'green') of its power system, the laying of optical cables, wireless routers, big data centres, communications satellites and their delivery costs."

So, that's it.

"If they want a truly open metaverse, a truly decentralized Web3, he has to run it through some sort of structure that is more independent in nature than it is run by corporations."

Crouch suggests the creation of an oversight body, "perhaps a United Nations organization? Maybe it's not a viable idea?"

In fact, this competition for the soul of the next generation of the Internet is emblematic of a broader and more serious contradiction facing people: the bourgeoisie has collapsed and everyone has been promoted.

"Cultural and social developments around the world are already pushing back against the current capitalist society," Crouch said. "The cat has given it away. It is tearing through the whole world's systematic structure, fighting for its life.

"Talking about metaverse and Web3 is an argument between old bourgeois ideals and the need for stronger systems software, only on a much larger scale."

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Web

Why can Bitcoin make money? Is Bitcoin's fixed investment profitable?

For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves

VIDEO

NEWS

Tue, 18 Apr 2023

More